News for 'Finance and Parliamentary'

How Dropped Candidates Keep Busy

How Dropped Candidates Keep Busy

Rediff.com25 Apr 2024

Cricket climate change to medical practice, dropped candidates have their non-political life sorted.

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Rediff.com16 Feb 2024

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.

Saluting P V Narasimha Rao For 1991!

Saluting P V Narasimha Rao For 1991!

Rediff.com19 Feb 2024

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.

NDA MPs stand in Rajya Sabha in solidarity with Dhankhar

NDA MPs stand in Rajya Sabha in solidarity with Dhankhar

Rediff.com20 Dec 2023

As soon as the House resumed at noon, Joshi said, "In protest against the action of their party's former president (Rahul Gandhi) and in your honour and in honour of the Constitution, we would participate in the Question Hour while remaining standing in silence. We request for your permission".

Pranab to resign as finance minister on Sunday

Pranab to resign as finance minister on Sunday

Rediff.com23 Jun 2012

Pranab Mukherjee, who has been selected as the UPA's Presidential nominee, will resign on Sunday as the Union finance minister.

India first, citizen first, says Modi ahead of Budget Session

India first, citizen first, says Modi ahead of Budget Session

Rediff.com31 Jan 2023

"The ray of hope being seen by the world will glow brighter -- for this, I firmly believe the finance minister will make all efforts to meet these aspirations," Modi said.

Is Modi's Authoritarianism Good For India?

Is Modi's Authoritarianism Good For India?

Rediff.com22 Mar 2024

We need not spend much time going over what this government has done and is doing to the Opposition, by misusing the Enforcement Directorate and the CBI. There is a daily update on that, notes Aakar Patel.

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

Rediff.com5 Feb 2024

India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.

Parliament's budget session to start from Jan 31

Parliament's budget session to start from Jan 31

Rediff.com13 Jan 2023

Parliament will reconvene on March 12 for the second part of the Budget Session.

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

PIX: Bidding farewell to old Parliament building

PIX: Bidding farewell to old Parliament building

Rediff.com19 Sep 2023

Dressed in colourful attire, members of the Lok Sabha and the Rajya Sabha on Tuesday got their group photograph clicked in the old Parliament building, hours before legislative proceedings shift to the new Parliament House.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

2G row reaches JPC; top finance ministry officials summoned

2G row reaches JPC; top finance ministry officials summoned

Rediff.com27 Sep 2011

The row over the 2G note on Tuesday resonated in the Joint Parliamentary Committee meeting with members alleging that facts were being suppressed, prompting the Committee to summon two top finance ministry officials besides demanding affidavits from government that all relevant documents have been given.

'No government ever stooped so low'

'No government ever stooped so low'

Rediff.com30 Oct 2023

'It is violation of the Model Code of Conduct.' 'It is a penal offence under the IPC to exert undue influence on voters.' 'Under the election law, it is a corrupt practice.'

No-Confidence Motion: 'Not About Numbers, But Of Morality'

No-Confidence Motion: 'Not About Numbers, But Of Morality'

Rediff.com7 Aug 2023

'We wanted the PM to speak, and he just refused to -- now we have the opportunity, not just in the Lok Sabha, but also in the Rajya Sabha, to lay the government on the mat.'

Charan Singh opposed Nehru's socialist economy

Charan Singh opposed Nehru's socialist economy

Rediff.com9 Feb 2024

Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.

No debate on finance in Parliament, Pranab unhappy

No debate on finance in Parliament, Pranab unhappy

Rediff.com1 Dec 2010

Finance Minister Pranab Mukherjee on Wednesday expressed dismay over the way Lok Sabha had to approve an additional net expenditure of about Rs 20,000 crore (Rs 200 billion) without any discussion in the din by Opposition over demand for a joint parliamentary committee to probe 2G spectrum allocation.

17 Acts to be amended through Finance Bill

17 Acts to be amended through Finance Bill

Rediff.com23 Mar 2017

Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

Rediff.com23 Mar 2023

The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.

Shah, Adhir, Azad on 8-member simultaneous poll panel led by ex-Prez Kovind

Shah, Adhir, Azad on 8-member simultaneous poll panel led by ex-Prez Kovind

Rediff.com2 Sep 2023

Law Minister Arjun Ram Meghwal will attend the meetings of the committee as a special invitee, while legal affairs secretary Niten Chandra will be secretary to the panel.

SC verdict on Adani 'extraordinarily generous': Cong

SC verdict on Adani 'extraordinarily generous': Cong

Rediff.com3 Jan 2024

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.

17th LS took decisions for which generations waited for long: Modi

17th LS took decisions for which generations waited for long: Modi

Rediff.com10 Feb 2024

As the adjournment of Parliament for an indefinite period with the Rajya Sabha also adjourning sine die kickstarts the final countdown for the general elections, Modi said the last five years were a period of "reform, perform and transform" with the country moving towards "big changes" at a fast pace.

New competition law likely to open up settlement route for cartels

New competition law likely to open up settlement route for cartels

Rediff.com30 Jan 2023

In a relief to industry, the government has accepted a parliamentary panel's recommendation on allowing cartels to opt for the settlement scheme under the Competition Amendment Bill, according to official sources. The proposed Bill seeks to introduce a clause for settlement and commitment that offers any enterprise against which an inquiry has been initiated to file an application for settlement. The Parliamentary Committee on Finance had suggested including cartels in the scope for settlement "as a pragmatic recourse to the whole process".

Why South India Is Unhappy With Modi

Why South India Is Unhappy With Modi

Rediff.com20 Feb 2024

On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.

Simultaneous poll panel to seek views of political parties

Simultaneous poll panel to seek views of political parties

Rediff.com23 Sep 2023

A high-level committee to explore the feasibility of conducting simultaneous elections, headed by former president Ram Nath Kovind, held its first meeting in New Delhi on Saturday and decided to invite political parties and the Law Commission to seek their views on holding synchronised polls in the country, a statement said.

Parliamentary panel again says phase out STT

Parliamentary panel again says phase out STT

Rediff.com26 Apr 2013

The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had favoured abolition of STT.

How Parliament Can Function As It Must

How Parliament Can Function As It Must

Rediff.com25 Apr 2023

The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.

Pranab and Modi worked as a team: Sharmishtha Mukherjee

Pranab and Modi worked as a team: Sharmishtha Mukherjee

Rediff.com12 Dec 2023

Sharmishtha, who has quit politics, also clarified that she has not tried to tweak her father's views about anyone.

No naysayers: Parliament unanimously passes women's reservation bill

No naysayers: Parliament unanimously passes women's reservation bill

Rediff.com22 Sep 2023

Once more women assume leadership roles and join the nation-building process, he said, adding they will become a guarantee of the country's bright future.

Parliamentary panel pitches for 49% FDI cap in insurance

Parliamentary panel pitches for 49% FDI cap in insurance

Rediff.com10 Dec 2014

A Parliamentary Committee on Wednesday recommended a composite foreign investment cap of 49 per cent in the insurance sector and supported a government Bill to amend the Act.

Lok Sabha passes supplementary grants without debate

Lok Sabha passes supplementary grants without debate

Rediff.com21 Mar 2023

On March 13, Minister of State for Finance Pankaj Chaudhary had tabled the second batch of supplementary demands for grants in the House amounting to a total of Rs 2,70,508.89 crore.

Numbers Don't Add Up For BJP In Tamil Nadu

Numbers Don't Add Up For BJP In Tamil Nadu

Rediff.com19 Apr 2024

Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.

Parl Budget Session ends amid uproar over Adani row, Rahul's remark

Parl Budget Session ends amid uproar over Adani row, Rahul's remark

Rediff.com6 Apr 2023

on Thursday adjourned sine die, ending the four-week-long second leg of the Budget session, during which treasury and opposition members locked horns over Rahul Gandhi's 'democracy' remark and the Adani issue.

Amarinder keeps home portfolio; Sidhu gets local govt, Manpreet finance

Amarinder keeps home portfolio; Sidhu gets local govt, Manpreet finance

Rediff.com16 Mar 2017

Amarinder would hold the portfolios of General Administration, Personnel, Home Affairs and Justice, Vigilance and other departments not assigned to any other minister.

Tripura CM allots portfolios; keeps home, health

Tripura CM allots portfolios; keeps home, health

Rediff.com10 Mar 2023

Saha has kept the home, health and family welfare and public works department with him while Ratan Lal Nath has been given the charge of power, agriculture and farmers' welfare, according to an official notification issued by Chief Secretary J K Sinha.

Modi's guarantee in LS: NDA will cross 400 seats, BJP 370+

Modi's guarantee in LS: NDA will cross 400 seats, BJP 370+

Rediff.com5 Feb 2024

Prime Minister Narendra Modi on Monday expressed confidence that the NDA will get more than 400 seats and the BJP will win at least 370 seats in the Lok Sabha elections.

Did RBI Know About Demonetization?

Did RBI Know About Demonetization?

Rediff.com1 Jun 2023

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.

Sangma keeps heavyweight portfolios with NPP, allies get rest

Sangma keeps heavyweight portfolios with NPP, allies get rest

Rediff.com9 Mar 2023

Meghalaya Chief Minister Conrad K Sangma retained the key departments for his National Peoples Party, and gave the lesser politically significant ones to alliance partners Bharatiya Janata Party, Hill State Peoples Democratic Party and United Democratic Party as he allocated portfolios on Thursday.

'One nation, one solution', get rid of BJP: Kharge

'One nation, one solution', get rid of BJP: Kharge

Rediff.com3 Sep 2023

Kharge termed the high-level committee constituted by the Centre to examine the feasibility of 'One Nation, One Election' a 'gimmick' and alleged the Modi government wants to slowly replace democracy in India with dictatorship.

Government faces flak over Finance Bill in Rajya Sabha

Government faces flak over Finance Bill in Rajya Sabha

Rediff.com27 Mar 2017

The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.